Give economic term : The total quantity of commodity available for sale with a seller at a particular point of time.
Q.1 (C) (iii) Give economic term : The total quantity of commodity available for sale with a seller at a particular point of time.
Q.1 (C) (iii) Give economic term : The total quantity of commodity available for sale with a seller at a particular point of time.
Best answer
Answer: Stock
Stock is the total quantity of a commodity available with the seller at a point of time. Supply is only that part of the stock which the seller is willing and able to offer for sale at a given price during a given period.
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